The firm has done a lot of work in designing clearing and settlement systems as well as
large sell side back office systems. Back office systems such as NTPA was designed by us
after we took existing back office systems and mapped the process flows and redesigned NTPA
to perform those processes. For the large ISCD or CSDs, we helped design CREST (in
London) for real-time gross settlement, and compared the differences in clearing and settlement
costs between CREST, Euroclear, ClearStream and SEGA.|
Select clients in this area include Credit Suisse First Boston, Euroclear, DTCC, Swiss Stock
Exchange, CalPX, Bolsa Bilbao, and State Street Bank.